:

BLACKSTONE, KKR IN TALKS FOR GOOGLE AI ACCESS

AI DESK1 MIN READ
WED, MAY 6, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Blackstone and KKR are negotiating with Alphabet to provide their portfolio companies access to Google's artificial intelligence models, according to people familiar with the discussions.

The talks represent the latest wave of major financial firms seeking to integrate AI capabilities across their investments. Both private equity giants are exploring arrangements that would give their thousands of portfolio companies standardized access to Google's AI infrastructure and tools. Google has increasingly pursued partnerships with large institutional investors and corporations seeking to deploy AI at scale. The potential deals underscore growing demand from enterprise customers for turnkey AI solutions rather than building capabilities in-house. Blackstone and KKR manage combined assets exceeding $4 trillion, spanning real estate, technology, healthcare, and other sectors. Securing AI access for portfolio companies could streamline operations and create competitive advantages across their diverse holdings. The discussions come as major cloud providers compete aggressively to become the default AI infrastructure partner for institutional investors. Amazon Web Services and Microsoft have similarly pursued partnerships with large asset managers to expand their AI footprint. Terms and timing of any potential deals remain unclear.

■ SOURCES

Bloomberg Tech

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE BIG TECH DESK

Apple is reportedly redesigning the iPhone interface around a redesigned Siri. The overhaul marks a significant shift in how the voice assistant integrates with iOS.

YESTERDAYIndustry Desk

Tencent is shifting strategy toward smaller AI models to compete with Chinese rivals. Executive Vice President Dowson Tong revealed that AI now accounts for over 20% of the company's revenue and generates 95%+ of new internal code.

YESTERDAYAI Desk

Dell reported Q1 revenue of $43.84B, up 88% year-over-year and significantly above the $35.43B analyst estimate. The company also issued FY 2027 guidance above expectations, sending shares up 15% in after-hours trading.

YESTERDAYIndustry Desk

Anthropic, the company behind Claude, has raised $65 billion in funding to reach a $965 billion valuation, surpassing OpenAI as the most valuable AI startup. The massive funding round reflects continued investor appetite for artificial intelligence companies.

YESTERDAYAI Desk

■ SUBSCRIBE TO THE DAILY BRIEF

ONE EMAIL, 5 STORIES, 06:00 UTC. UNSUBSCRIBE ANYTIME.